Siemens Expands Healthcare Finance Offering In The U.S

Iselin, NJ - Siemens Financial Services, Inc. (SFS), the U.S. financial services arm of Siemens AG, recently announced the expansion of its financing offering for healthcare providers to include working capital solutions. In addition to medical equipment financing, SFS will now provide revolving lines of credit and term loans to organizations throughout the U.S. who are providing healthcare services.

"As healthcare providers in the U.S. continue to struggle to effectively manage financial performance and offer customers the latest technologies, there is an increasing demand for a broader suite of financial solutions," said SFS President and CEO Roland Chalons-Browne. "The addition of working capital financing for healthcare providers allows us to tailor our solutions to address the complex needs of the healthcare market, enabling SFS to have more in-depth, strategic relationships with our customers."

This working capital offering is aimed at a range of healthcare providers including, but not limited to, hospitals, physician practices, diagnostic imaging centers, surgery centers, long-term care and skilled nursing facilities. These providers often seek financing when expanding facilities, making acquisitions, or looking to leverage the value of existing assets.

SOURCE: Siemens Financial Services